Banking Act (Chapter 19): Primary legislation governing banking institutions in Singapore, setting out licensing requirements, regulatory framework, and operational guidelines for banks issuing guarantees
Bills of Exchange Act (Chapter 23): Legislation governing negotiable instruments and payment mechanisms in Singapore, relevant for the payment aspects of bank guarantees
Monetary Authority of Singapore Act (Chapter 186): Establishes MAS's regulatory authority and oversight of financial institutions, including their guarantee operations
Contract Law (Chapter 32): Fundamental legislation governing contract formation, validity, and enforcement, essential for bank guarantee agreements
Electronic Transactions Act (Chapter 88): Governs electronic transactions and digital signatures, relevant for electronic bank guarantees
MAS Notice 610: Regulatory notice requiring banks to submit statistics and returns, including reporting requirements for guarantees issued
MAS Notice 636: Specific rules governing banks' participation in payment and settlement systems
MAS Guidelines on Risk Management Practices: Regulatory guidelines for risk management in banking operations, including guarantee facilities
URDG 758: ICC Uniform Rules for Demand Guarantees, international standard rules for bank guarantees
ISP98: International Standby Practices, providing guidelines for standby letters of credit and bank guarantees
ICC Guidelines: International Chamber of Commerce guidelines providing international standards for bank guarantees and trade finance
